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Technical: Mumbai Lemon Toor - Breakdown slide likely

21 Apr 2017 12:54 pm
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Dated 21 /04/2017

MUMBAI TOOR LEMON- last close-18/03/17-3975: Breakdown Slide Likely

Monthly Chart


Trend is down and expect slide towards 3450 in due course of time.


Near term reversal is possible above 4550.


Resistance will be at 4100-4550.


Conclusion


Expect slide to 3450.


Exit long and sell till 4550 is not crossed on closing.


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